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7 Mar 2018
Fed's Bostic: proposed trade tariffs would be broadly unhelpful
Atlanta Fed President Raphael Bostic was out with his own comments on the latest US President Donald Trump's proposal to impose tariffs on imported steel and aluminium.
• Proposed trade tariffs would be broadly unhelpful
• Might help a couple of groups
• Fed needs to take a wait and see approach on tariffs
• Cryptocurrencies are a speculative asset not currencies
• In the past year, stock market gone through the roof